Formula Systems (1985) (FORTY) Market Capitalization (2009 - 2026)
Formula Systems (1985)'s Market Capitalization came in at $1.56 billion for Q2 2026, down 20.1% from $1.96 billion a year earlier and down 7.5% from the prior quarter.
Powered by 
Analysis
Formula Systems (1985) (FORTY) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Formula Systems (1985)'s Market Capitalization was $2.56 billion, up 87.7% from FY2024.
- Market Capitalization carries a five-year compound annual growth rate of 14.4% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $1.36 billion in FY2024 (+36.3%), $1 billion in FY2023 (-7.8%), $1.09 billion in FY2022 (-42.7%) and $1.9 billion in FY2021 (+45.0%).
- The Q2 2026 figure represents the lowest quarterly Market Capitalization since Q1 2025.
- Year-over-year, Market Capitalization increased in seven of the last eight quarters, with growth averaging 36.8%.
- The fastest year-over-year change in Market Capitalization over five years came in Q4 2025 (growth of 87.7%), and the weakest in Q1 2023 (a decline of 52.4%).
- Business Quant data shows FORTY's Market Capitalization at $1.69 billion (Q1 2026), $2.56 billion (Q4 2025) and $2.15 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 54.39 Bn | 40.89 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 34.33 Bn | 27.49 Bn | 1.83 Bn |
| 3 | Wipro | 22.89 Bn | 18.03 Bn | 745.00 Mn |
| 4 | Cdw | 21.00 Bn | 18.98 Bn | 1.32 Bn |
| 5 | Td Synnex | 19.58 Bn | 13.74 Bn | 1.43 Bn |
| 6 | Cgi | 18.28 Bn | 16.07 Bn | - |
| 7 | Arrow Electronics | 10.72 Bn | 9.67 Bn | 1.13 Bn |
| 8 | Avnet | 7.27 Bn | 6.45 Bn | 865.03 Mn |
| 9 | EPAM Systems | 7.20 Bn | 2.84 Bn | 429.57 Mn |
| 10 | Formula Systems (1985) | 1.85 Bn | -1.05 Bn | 158.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.56 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 2.56 Bn |
| Sep 30, 2025 | 2.15 Bn |
| Jun 30, 2025 | 1.96 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.36 Bn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 1.27 Bn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.09 Bn |
| Sep 30, 2022 | 1.73 Bn |
| Jun 30, 2022 | 1.95 Bn |
| Mar 31, 2022 | 2.11 Bn |
| Dec 31, 2021 | 1.90 Bn |
| Sep 30, 2021 | 6.50 Bn |
API Access
Formula Systems (1985) Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=FORTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "FORTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=FORTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();